Caracal Gold PLC Delay to Publication of Annual Report and Accounts (1498R)
24 10월 2023 - 11:48PM
UK Regulatory
TIDMGCAT
RNS Number : 1498R
Caracal Gold PLC
24 October 2023
Caracal Gold plc
('Caracal' or the 'Company')
Delay to Publication of Annual Report and Accounts
Caracal Gold plc, the expanding East African gold producer with
over 1,300,000oz JORC-compliant gold resources, announces that that
there will be a delay in the publication of the Company's annual
report and accounts for the year ended 30 June 2023.
As a result, trading in the Company's ordinary shares on the
Main Market of the London Stock Exchange will be suspended with
effect from 7.30am on 1 November 2023. Suspension from trading will
be lifted with the publication of the Accounts.
The Company will provide further updates on expected timings for
publication of its annual report and accounts in due course. The
Company expects to request a restoration of the listing of its
ordinary shares on publication of the annual report and
accounts.
**ENDS**
Caracal Gold plc
Simon Grant Rennick
Robbie McCrae robbie@kilimapesa.com
VSA Capital Limited
Financial Adviser and Broker
Andrew Raca (Corporate Finance) +44 203 005 5000
------------------------
DGWA, the German Institute for info@dgwa.org
Asset and
Equity Allocation and Valuation
European Investor and Corporate
Relations Advisor
Katharina Löckinger
------------------------
Notes:
Caracal Gold plc is an expanding East African focused gold
producer with a clear path to grow production and resources both
organically and through strategic acquisitions. Its aim is to
rapidly increase production to +50,000ozs p.a. and build a JORC
compliant resource base of +3Moz. The company is progressing a
well-defined mine optimisation strategy at its 100% owned
Kilimapesa Gold Mine in Kenya, where there is significant mid-term
expansion potential and the ability to increase gold production to
24,000oz p.a. and the resource to +2Moz (current JORC compliant
resources of approx. 706,000oz). Alongside this, Caracal is
undertaking a targeted exploration programme at the Nyakafuru
Project in Tanzania, which has an established high-grade shallow
gold resource of 658,751oz at 2.08g/t contained within four
deposits over 280 km2 and appears amenable to development as a
large scale conventional open pit operation.
Caracal's experienced team has a proven track record in
successfully developing and operating mining projects throughout
Africa.
The Company is a responsible mining and exploration company and
supports the positive social and economic change that it
contributes to the communities in the regions that it operates. It
is a proudly East African-focused company: it buys locally, employs
locally, and protects the environment and its employees and their
families' health, safety, and wellbeing.
Caracal's shares are quoted on the Main Market of the London
Stock Exchange (LON: GCAT) and on the Frankfurt Stock Exchange
(FSE: 6IK). The Company is also in the process of listing on the
Nairobi Securities Exchange.
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END
NORBSBDGLSDDGXS
(END) Dow Jones Newswires
October 24, 2023 10:48 ET (14:48 GMT)
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